McGregor & Thompson Hardware LTD.
Shanahan’s Limited Partnership
Founded in 1964 in Vancouver, BC, McGregor & Thompson began as a construction supply company
In 1928, Martin Shanahan establishes chemical and raw material company in Vancouver, British Columbia that would eventually become Shanahan’s Limited Partnership and other companies.
McGregor & Thompson’s continued growth leads them to a move to a larger facility at 1250 E Georgia Street in East Vancouver. M&T also expanded operations into the interior by opening a Kelowna location while maintaining the operational plan to stay true and dedicated to its customers by being problem-solvers not salespeople.
In the early 1970s the Company added hollow metals doors and frames into the product mix. At this time Ken Newcombe was recruited to lead the hollow metal door and frame division. In the late seventies, the business eventually expanded to include pre-hung wood doors.
Led by Gerrit May, Shanahan’s began expanding through western Canada in Calgary and Edmonton, as well as acquiring Modernfold Alberta Ltd
Shanahan’s Manufacturing Limited was established in Calgary to manufacture toilet stalls and lockers in response to a market need. Soon after, the manufacturing hub moved further into the commercial door hardware market due to the natural fit with commercial metal doors and frames
Responding to customer and market needs, M&T continued to expand its product line in the 1990’s. M&T opened a specialty products division because clients had a need for a distributor dedicated to architectural specialty products. The success of this division led to the addition of an installation department, adding further to the service offerings.
Since the early 90s M&T continued to expand its business by leveraging its strong reputation and relationships in the industry and investing in its sales force. In addition, the Company has completed several strategic acquisitions which have provided the Company with access to new markets, customers and products.
During the 1990’s the company added offices in Kelowna, Victoria and Red Deer. The company grew dramatically over the years that followed, establishing itself as one of the market leaders for building products in Western Canada.
In early 2017, Speyside Equity had begun the process of identifying businesses in the hardware industry to purchase. In Western Canada, both McGregor & Thompson and Shanahan’s Limited Partnership had been on an upward trajectory, even continuing to grow business in an economic downturn. Speyside purchased both businesses in 2017, effectively bringing two successful businesses under the same umbrrella.